{"id":692126,"date":"2022-10-04T16:23:27","date_gmt":"2022-10-04T20:23:27","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/california-water-service-group-announces-board-appointments\/"},"modified":"2022-10-04T16:23:27","modified_gmt":"2022-10-04T20:23:27","slug":"california-water-service-group-announces-board-appointments","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/california-water-service-group-announces-board-appointments\/","title":{"rendered":"California Water Service Group Announces Board Appointments"},"content":{"rendered":"
\n

SAN JOSE, Calif., Oct. 04, 2022 (GLOBE NEWSWIRE) — California Water Service Group (NYSE: CWT) today announced that its Board has nominated Terry P. Bayer to assume the role of Lead Independent Director, effective immediately.<\/p>\n

As former Chief Operating Officer of Molina Healthcare, Inc., Bayer brings senior leadership, financial, operational, public health, and customer service expertise to this role. She holds a Juris Doctor Degree from Stanford University, a Master\u2019s Degree in Public Health from University of California, Berkeley, and a Bachelor\u2019s Degree in Communication from Northwestern University.<\/p>\n

\u201cTerry has an excellent background in both operations and corporate governance. This, coupled with her eight years of experience on the Board, make her an excellent choice for lead independent director,\u201d said Martin A. Kropelnicki, President & Chief Executive Officer.<\/p>\n

Group also announced that Chairman Peter C. Nelson will retire in May 2023, in accordance with the age limit set forth in the company\u2019s by-laws.<\/p>\n

In 1996, Nelson joined the Board of Directors and became the company\u2019s President & Chief Executive Officer, a position he held for 17 years. He assumed the role of Board Chair in 2013.<\/p>\n

\u201cPete has been an extraordinary leader, first as President & Chief Executive Officer, then as Director and Chairman. His utility experience, steady hand, and insightful guidance will be sincerely missed,\u201d Kropelnicki said.<\/p>\n

Group has selected Kropelnicki to assume the role of Chairman, President & Chief Executive Officer when Nelson retires. He has served as President & Chief Executive Officer of Group, and as a Director, since 2013. When he assumes the role as Chairman, he will lead a Board comprised of nine independent directors, with Ms. Bayer continuing to act as Lead Independent Director.
\u00a0\u00a0
\u201cWe believe that Marty\u2019s industry experience, operational knowledge, and role in executing strategy make him extremely well suited to the Chairman\/CEO role. I very much look forward to working with him in my new capacity as Lead Independent Director and together continuing the effective and efficient leadership of the Board,\u201d Bayer said.<\/p>\n

\n About California Water Service Group<\/strong>
\n
California Water Service Group is the parent company of regulated utilities California Water Service, Hawaii Water Service, New Mexico Water Service, Washington Water Service, and Texas Water Service, a utility holding company. Together, these companies provide regulated and non-regulated water and wastewater service to more than 2 million people in California, Hawaii, New Mexico, Texas, and Washington. California Water Service Group\u2019s common stock trades on the\u00a0New York Stock Exchange\u00a0under the symbol \u201cCWT.\u201d Additional information is available online at\u00a0www.calwatergroup.com<\/u><\/a>.<\/p>\n

\n Media Contact<\/strong>
\n
Yvonne Kingman
ykingman@calwater.com<\/a>
310-257-1434<\/p>\n

\n
\n
\n \n <\/div>\n

<\/div>\n","protected":false},"excerpt":{"rendered":"

SAN JOSE, Calif., Oct. 04, 2022 (GLOBE NEWSWIRE) — California Water Service Group (NYSE: CWT) today announced that its Board has nominated Terry P. Bayer to assume the role of Lead Independent Director, effective immediately. As former Chief Operating Officer of Molina Healthcare, Inc., Bayer brings senior leadership, financial, operational, public health, and customer service expertise to this role. She holds a Juris Doctor Degree from Stanford University, a Master\u2019s Degree in Public Health from University of California, Berkeley, and a Bachelor\u2019s Degree in Communication from Northwestern University. \u201cTerry has an excellent background in both operations and corporate governance. This, coupled with her eight years of experience on the Board, make her an excellent choice for lead independent director,\u201d said … <\/p>\n

Continue reading “California Water Service Group Announces Board Appointments”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-692126","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nCalifornia Water Service Group Announces Board Appointments - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/california-water-service-group-announces-board-appointments\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"California Water Service Group Announces Board Appointments - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"SAN JOSE, Calif., Oct. 04, 2022 (GLOBE NEWSWIRE) — California Water Service Group (NYSE: CWT) today announced that its Board has nominated Terry P. Bayer to assume the role of Lead Independent Director, effective immediately. As former Chief Operating Officer of Molina Healthcare, Inc., Bayer brings senior leadership, financial, operational, public health, and customer service expertise to this role. She holds a Juris Doctor Degree from Stanford University, a Master\u2019s Degree in Public Health from University of California, Berkeley, and a Bachelor\u2019s Degree in Communication from Northwestern University. \u201cTerry has an excellent background in both operations and corporate governance. 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